Macklem Warns Over-Investment in US Poses Global Financial Risks (opens original article in a new tab)

Bank of Canada governor Tiff Macklem warns that excessive investment in the US is creating global financial risks, citing imbalances in trade and capital flows between the US, China, and Europe that could lead to market corrections and asset bubbles.

• Macklem warns over-investment in the US creates global financial risks
• Large capital inflows into the US could lead to asset bubbles and market corrections
• Global imbalances stem from trade and capital flow disparities between US, China, and Europe
• US dollar dominance may prolong financial imbalances